OASDI and SSI Program Rates & Limits, 2010

(released October 2009)

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Social Security (OASDI) Program Rates & Limits 2010
Tax Rates for Employers and Employees, Each a (percent)  
Social Security  
Old-Age and Survivors Insurance 5.30
Disability Insurance 0.90
Subtotal, Social Security 6.20
Medicare (Hospital Insurance) 1.45
Total 7.65
Maximum Taxable Earnings (dollars)  
Social Security 106,800
Medicare (Hospital Insurance) No limit
Earnings Required for Work Credits (dollars)  
One Work Credit (One Quarter of Coverage) 1,120
Maximum of Four Credits a Year 4,480
Earnings Test Annual Exempt Amount (dollars)  
Under Full Retirement Age for Entire Year 14,160
For Months Before Reaching Full Retirement Age in Given Year 37,680
Beginning with Month Reaching Full Retirement Age No limit
Maximum Monthly Social Security Benefit for Workers Retiring at Full Retirement Age (dollars) 2,346
Full Retirement Age 66
Cost-of-Living Adjustment (percent) 0.0
a. Self-employed persons pay a total of 15.3 percent—10.6 percent for OASI, 1.8 percent for DI, and 2.9 percent for Medicare.
Supplemental Security Income (SSI) Program Rates & Limits 2010
Monthly Federal Payment Standard (dollars)  
Individual 674
Couple 1,011
Cost-of-Living Adjustment (percent) 0.0
Resource Limits (dollars)  
Individual 2,000
Couple 3,000
Monthly Income Exclusions (dollars)  
Earned Income a 65
Unearned Income 20
Substantial Gainful Activity (SGA) Level for the Nonblind Disabled (dollars) 1,000
a. The earned income exclusion consists of the first $65 of monthly earnings, plus one-half of remaining earnings.